Microsoft posted its second quarter of its 2018 financial results today, reporting revenue of $28.9 billion and net income of $7.5 billion. Revenue has jumped 12 percent year-over-year during the holiday quarter, and the trend of Microsoft’s success with the cloud has continued. This time around, Azure revenue has increased by a massive 98 percent.
Microsoft really turned the corner from where it was under the Steve Balmer leadership. They stopped chasing Apple and focuses on what is important to them and what they do best.